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Intangible Risks: 80% of global listed companies’ $ 76 trilion digital assets value remains uninsured, says Swiss Re

Intangible Risks: 80% of global listed companies’ $ 76 trilion digital assets value remains uninsured, says Swiss Re

by AIP Online Bureau | Oct 11, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

South Korea came out on top of the Swiss Re’s Insurance Digitalisation Index, followed by Sweden, Finland and the US. While advanced markets with strong physical infrastructure and high internet access rates have made most progress in digitalising their...

Global job scam to cause $100 mn in losses for over 1,000 companies: Report

by AIP Online Bureau | Oct 7, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

Nicknamed ‘Webwyrm’, hackers in the global-scale job scam have impersonated over 1,000 companies across 10 industries for a combo task scheme akin to the ‘Blue Whale Challenge’ (from a few years ago that caused a massive global impact), according to the team from...

Three-quarters of companies globally are not ready for ESG rules: KPMG Report

by AIP Online Bureau | Sep 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

“Now there will be regulatory and assurance requirements to report accurate information, which raises the bar on controls and processes as well as qualitative statements that will need to be made around the data,” Mike Shannon, Global Head of ESG Assurance at KPMG,...

EU companies get new ESG rules aimed at addressing climate risks

by AIP Online Bureau | Aug 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

Companies will have to disclose whether they have climate transition plans and also report relevant social factors, including human rights violations, as part of the larger plan to highlight the investment risks and opportunities presented by ESG factors Companies...

New rules aim to clamp down on corporate greenwashing

by AIP Online Bureau | Jun 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions of dollars flow into investments that tout their environmental, social and governance credentials David Harris, head of sustainable finance...
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